This article was originally published on Huffington Post as part of a partnership with their Move Your Money campaign.
As we start down the path of breaking up with the big banks and
defending our own economic interests and that of our communities, we
should think about the whole range of financial services we use.
We need to give thought to both the saving and lending sides of
a bank. Each is crucial. On the savings side, community-based financial institutions need our
deposits much more than the big banks do. But to be profitable community banks need to convert those deposits
into loans.
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